Railway Minister Suresh Prabhu on Saturday said the feasibility report on high-speed bullet train between Ahmedabad and Mumbai was being prepared with the assistance of a Japanese government company.
“A company in the Japan government along with Indian Railway is assisting in that (making the feasibility report). There will be no budgetary provision (for the study) in the upcoming Railway budget as feasibility report will be finished after next budget,” he added.
Prabhu has scouted for more private investment to improve the failing financial condition of the railways, projecting its contribution to be between two and three percent of the GDP.
The Minister was here to flag off two new trains from here to Darbhanga and Chennai and launch wi-fi system at Ahmedabad railway station.